Unexpected acquisition of BigStockPhoto by Shutterstock is discussed everywhere today on all microstock forums and blogs. So, I took a quick look at my portfolio performance at BSP.
I started to submit to BigStockPhoto in January 2008 and currently I have close 1300 pictures there. BSP provided 4.3% of my total earnings from microstock. I plotted my monthly earnings from the last 13 months below.
It is my regular graph of monthly earnings, but I removed iStockphoto and Shutterstock which provide together more than 70% of my income. We can better see how my portfolio is performing in lower income microstock agencies.
Earnings from BSP are low but steady and higher than from 123RF and CanStock. When their payout limit was $30 I was receiving regular monthly payment.
Is it the end of BigStockPhoto or new beginning? I will keep to submit my pictures.
Related post: Microstock Photography Earnings – August 2009
Summertime and microstock sales are slow. I added 61 new pictures to my portfolio in July, but my earnings dropped down by 9%. My RPI was down from 0.70$/image to 0.61. This is my total RPI derived using the number of all my pictures prepared for microstock (not pictures accepted in any particular agency).
IS continued to climb and is definitely my #1 earner. DT was also growing. SXP stayed at the same level despite of uncertain future of that agency. Earnings from SS with only one EL dropped down by 25%. FT experienced even more dramatic decrease in earnings.
July was my 20th month in microstock with $7215 of total earnings.
This month my earning report is shorter than usual since I am just leaving for a week of vacations away of computer and submissions to microstock. I will be paddling in the Missouri River 340 race – 360 miles nonstop from Kansas City to St Charles. This year I am taking Surfrigger, my outrigger canoe, for the race.
I will try to shoot some travel oriented pictures for stock when driving from Colorado across Kansas to Missouri and back. However, during the race I will have only my “paddling” camera, waterproof Pentax Optio W30, so I would be shooting mostly for my Paddling with a Camera blog.
13 Months of Microstock Photography Earnings: June | July | August |September | October | November | December | 2009 January | February | March | April | May | June
Yesterday, I reached 1000 pictures in my Dreamstime portfolio with this image of green peas from my garden. It feels like just a few days ago I was shooting quite different picture of the same peas. A stormy spring in Colorado with a lot of hail was not very kind for my garden.
Today, I requested my 7th payout from Dreamstime, so it looks like this microstock agency is working pretty well for me. It is on the third position in earnings after iStock and Shutterstock.
However, the growth of my Dreamstime portfolio slowed down during last few months. My effective acceptance rate dropped down below 50%, i.e., I am submitting selected pictures only, and they take only 64% from them. “Too many shots of the same item or from the same series” is the rejection theme. It seems that for some inspectors the main picture subject is not important. The same prop (e.g., my wooden scoop) may be a reason for a rejection.
Here is how my Dreamstime portfolio compares to some other microstock sites. ShutterStock accepts almost everything what I submit. The size of my iStock portfolio is kept down by their uploading limits, but my acceptance rate stays the same at 75-80%. My Fotolia portfolio is also quite small due to rather low acceptance ratio. It used to be really low last year, but improved during recent months.